MEADOW MIST, COLWELL ROAD, FRESHWATER, PO40 9SW - £190,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MEADOW MIST is a very small extended detached house of 81m², built sometime between 1976 and 1982. It was last sold for £190,000 in September 2011, which was around 23% below the average September 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

MEADOW MIST Sold Prices

Land registry data shows two sales for MEADOW MIST since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two MEADOW MIST sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 1 SEP	£190,000	£246,994	23% below HPI
2003 20 MAY	£156,000	£193,340	19% below HPI

MEADOW MIST Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two MEADOW MIST sales from May 2003 and September 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2011 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is MEADOW MIST?

MEADOW MIST is 81m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses by size in Colwell, and where MEADOW MIST lies on this distribution: 13% of detached houses are smaller than MEADOW MIST, and 87% of houses are larger. Note that EPC data is not available for all properties in Colwell.

MEADOW MIST: Plot and Title Map

MEADOW MIST sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of MEADOW MIST, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of MEADOW MIST). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is MEADOW MIST?

MEADOW MIST is located on COLWELL ROAD in FRESHWATER, in the PO40 postcode district. The below map shows the position of MEADOW MIST on COLWELL ROAD.